Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Corona : Real Estate Advice

  • All536
  • Local Info36
  • Home Buying218
  • Home Selling16
  • Market Conditions17

Activity 451
Wed Nov 4, 2015
Force4properties answered:
I have a 3 bdrm/2 full bath 1659 sq ft townhouse in Corona, CA - Please take a look. 1051 Border Avenue - Corona CA 92882. it comes with an association: Pool, lake privileges with fishing, paddle boats, tennis & basketball courts and clubhouse for parties. Rent $1795 month
The listing has been updated on realtor.com and it comes with refriderator, oven/stove, washer/dryer in attached 2 car garage. New A/C unit installed within last 3 years. Upstairs has loft, 2 bedrooms and full bathroom. Brand new carpet throughout. Hard wood floors in kitchen / dining room. The 15x20 patio with 10x20 deck and is fully fenced for privacy. wood burning fireplace. All yard work completed by the HOA. The only place where the unit is attached is thru the garage. No party walls.
Sheri Beeman 951 317 8295
... more
0 votes 5 answers Share Flag
Thu Oct 15, 2015
answered:
There are some loan programs out there that will let you get a loan right after a bankruptcy discharge, but those programs require a large down payment (20-30%). The catch-22 there is that if you had 20-30% sitting around in the bank then you might not have needed to file bankruptcy!

So assuming you are not able to put that much down, the main options for you would be a FHA loan, a conventional loan, or a jumbo loan (depending on how much you want to borrow).

FHA requires a 2 year waiting period after a bankruptcy discharge.

Conventional requires 4 years.

Jumbo requires 4-7 years.
... more
0 votes 1 answer Share Flag
Sat Oct 10, 2015
Team Metcalf answered:
it is most likely that home values will continue to drop, However i agree with Mr. Zorn as well you are talking about your home. If you wait and purchase at a latter time you might not be able to purchase the home you want. Interest rates could rise and move you right out of the market place. At the present time there are a lot of homes for sale on the market so go pick out the cream of the crop and make your offer you just might get the home of your dreams for the price you want to pay. ... more
0 votes 5 answers Share Flag
Mon Aug 24, 2015
answered:
Hi Ruba,

The only way to know for sure what your options are would be to speak with a mortgage professional.

Best regards,

Elva A. Wormley
Mortgage Consultant
33+ Years Experience
Office (408) 615-8500
C2 Financial Corporation
2845 Moorpark Avenue, Suite 209
San Jose, CA 95128
NMLS #331981 / BRE #01274093
... more
0 votes 3 answers Share Flag
Thu Aug 20, 2015
answered:
Hello Teeranan Det, were you looking up rentals or purchase? There are many rental scams on this site as well as many others. There should not be any scams on any purchase listings as they are secured by licensed real estate agents/brokers and can have there license revoked or suspended. You will find that the rental listings on http://www.Realtor.com will be legit because they are directly from licensed agents/brokers.

If you have been scammed or know of anyone who has turn the information in to this FBI site.
FBI Internet Fraud Division http://www.ic3.gov/default.aspx

If you figure out what cities/zip codes you are considering, minimum number of bedrooms and the maximum payment you are looking to achieve you can be emailed listings to study and compare. Your fico scores can be raised within 3-4 days in most cases to qualify for programs, rates and terms as necessary.

The rentals in Corona start from $750 for a studio condo, $1,035 for 1bd 1ba apartment, $1,250 for 2bd 2ba condo, $1,595 for 3bd 2ba apartment or manufactured home. The purchase in Corona start from 149k for 1-2bd 1ba condo, 232k for 3bd 1.5ba condo and the single family homes start from 249k for 3bd 1ba which is as low as $1,160 down payment with a minimum 640 fico score.

You may qualify FHA from fico scores between 500-579 with 10% down or minimum 580 fico score may qualify FHA 3.5% down or as low as .5% half percent down payment program from a minimum 640 fico score up to 417k. You may consider 3% down conventional from a minimum 620 fico score or even 5% down conventional with NO Mortgage insurance (Lender paid MI) up to 417k.

You should study RENT vs BUY options as you may qualify to buy with minimum out of pocket expenses and pay less than rent in many cities. Your fico scores can be raised within 3-4 days in most cases to qualify for programs, rates and terms as necessary.

Beware of the many rental scams out there these days on all sites. The scams are on all of the rental listing sites except one that us agents/broker use such as mls, multiple listing service.

You should not give anyone any funds or personal information without confirming with a licensed agent/broker or management company to find out whom you should be dealing with and the status of any address of interest.

You will need to be pre-approved to be able to meet an agent to view and submit offers on any homes of your choice. Your qualifications will be determined by your credit profile, debt to income ratios, fico scores, loan program and how much you want to invest into the down payment and closing costs.

It only takes a few dozen questions to qualify, go over your options and email you listings to study and compare. Here are some links to study as well as web reference links to many loan program pages offered...

Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran & VA/CalVet Loan Specialist
REO & Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
22+ Years Experience
BRE# 01140252
NMLS# 297251
760-486-4225
9am till 5pm by phone Monday thru Saturday, Sundays by appt., EMAIL ANYTIME 24/7
Under640FicoScoreLoans@gmail.com or HomeLoans4U@live.com
http://youtu.be/MrygA2_8fAY
http://www.trulia.com/profile/SherylArndt

If my response was helpful, consider clicking Thank, Link or Best Answer.
... more
0 votes 2 answers Share Flag
Thu Aug 20, 2015
Mark Cowan answered:
Good question. It's is best to ask your Realtor to verify the information for you. Your Realtor will have the most accurate information available. And usually you can get the information free from a Realtor.
I've had Buyers call me about houses they had seen and wanted to go see it. But that house had been sold 6 months earlier. Sometimes Buyers drive by houses and then get upset when they find out they wasted their time. Find a Good Realtor and let them work for you, you'll be much better off.
... more
0 votes 2 answers Share Flag
Mon Aug 3, 2015
Research answered:
Fri Jul 24, 2015
Arpad Racz answered:
Hi,

Your local agent can help you with that.

Kind regards,

Arpad
0 votes 1 answer Share Flag
Wed Jun 10, 2015
Joyce Barnett answered:
Well you don't want to Rent unless you have to. VA loans are good loans. Looking for a home is a task that is why you do need an agent. If you are still in the market to buy give me a call. I have been a seasoned realtor for over 20" years. ... more
0 votes 5 answers Share Flag
Wed Jun 10, 2015
Joyce Barnett answered:
The selling agent is not suppose to lie about multiple offers normally if they tell you there are then most likely there are multiple offers. If the selling agent does lie this could cost them there listing or it could be considered an Ethics Violation. ... more
0 votes 10 answers Share Flag
Wed Jun 10, 2015
Joyce Barnett answered:
Denise, you have a great FICO score. Keep up the good work. The answer to your question is maybe it all depends on how much debt you have like car loans, credit card debt etc. I have known people that make a lot of money but have major debt or if you own your own business and write off a lot and don't show a lot of income at the end of the year. Call me I am a local Realtor in the area I would be happy to help you. ... more
0 votes 11 answers Share Flag
Wed Jun 10, 2015
Joyce Barnett answered:
A mobile home on Land or a Mobil home in a park where you rent a space. Both are different. A House or a Condo is a much better investment. And yes a mobile home is like a car it is not Real Property unless you own the land. ... more
0 votes 1 answer Share Flag
Wed Jun 10, 2015
Joyce Barnett answered:
I have not heard of that in that area. Maybe you need to switch areas. Give me a call I know Corona and have been selling here for 23+ years.
0 votes 1 answer Share Flag
Fri May 29, 2015
answered:
Hello John, you may refinance to conventional financing to eliminate your mortgage insurance if your property has enough value which it very well may have by now.

It only takes a few dozen questions to qualify and go over your options. Here are some links to study as well as web reference links to many loan program pages offered...

Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran & VA/CalVet Loan Specialist
REO & Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
22+ Years Experience
BRE# 01140252
NMLS# 297251
760-486-4225
9am till 5pm by phone Monday thru Saturday, Sundays by appt., EMAIL ANYTIME 24/7
Under640FicoScoreLoans@gmail.com or HomeLoans4U@live.com
http://youtu.be/MrygA2_8fAY
http://www.trulia.com/profile/SherylArndt

If my response was helpful, consider clicking Thank, Link or Best Answer.
... more
1 vote 2 answers Share Flag
Wed May 20, 2015
answered:
Hello tynsonya, yes there is a Section 8 rental voucher program that can be converted to a Homeownership voucher program if you have received Section 8 for minimum one year. You will also need 1% of your own funds and minimum 640 fico score to qualify.

If you figure out what cities/zip codes you are considering, minimum number of bedrooms and the maximum payment/price you are looking to achieve and you can be emailed listings to fit your search criteria.

It only takes a few dozen questions to qualify, go over your options and email you listings to study and compare. Here are some links to study as well as web reference links to many loan program pages offered...

Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran & VA/CalVet Loan Specialist
REO & Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
22+ Years Experience
BRE# 01140252
NMLS# 297251
760-486-4225
9am till 5pm by phone Monday thru Saturday, Sundays by appt., EMAIL ANYTIME 24/7
Under640FicoScoreLoans@gmail.com or HomeLoans4U@live.com
http://youtu.be/MrygA2_8fAY
http://www.trulia.com/profile/SherylArndt

If my response was helpful, consider clicking Thank, Link or Best Answer.
... more
0 votes 1 answer Share Flag
Tue Apr 7, 2015
Derek Jones answered:
The most common down payment assistance program is called CHDAP by calhfa. They also have a few other programs as well. Here is their website:
http://www.calhfa.ca.gov/homebuyer/programs/index.htm ... more
0 votes 3 answers Share Flag
Tue Mar 31, 2015
Nicole Fedorchek answered:
Your Realtor should be able to answer this for you.

Nicole Fedorchek, Tarbell Realtors
Gold Circle of Excellence
714-914-5097
realtornicolef@gmail.com
www.nicolefedorchek.com
DRE 19020370 ... more
0 votes 4 answers Share Flag
Wed Mar 25, 2015
answered:
Hello Amish, you may qualify ONE DAY after a short sale, foreclosure or deed in lieu with 20% down and minimum 620 fico score. You may qualify FHA ONE YEAR after a short sale, foreclosure or deed in lieu if you had a loss of job/income.

Your qualifications will be determined by your credit profile, debt to income ratios, fico scores and how much you want to invest into the down payment and closing costs. If you have credit issues, your credit scores can be raised within 3-4 days in most cases to qualify for programs, rates and terms as necessary.

You may qualify to buy FHA with fico scores between 500-579 with 10% down or minimum 580 fico score may qualify FHA 3.5% down or even as low as .5% half percent down payment program. You may consider 3% down conventional from a minimum 620 fico score or even 5% down conventional with NO Mortgage insurance (Lender paid MI).

If you figure out what cities/zip codes you are considering, minimum number of bedrooms and the maximum payment/price you are looking to achieve you can be emailed listings to fit your search criteria.

You will need to be pre-approved to be able to meet an agent to view and submit offers on any homes of your choice. It only takes a few dozen questions to qualify, go over your options and email you listings to study and compare. Here are some links to study as well as web reference links to many loan program pages offered...

Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran & VA/CalVet Loan Specialist
REO & Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
22+ Years Experience
BRE# 01140252
NMLS# 297251
760-486-4225
9am till 5pm by phone Monday thru Saturday, Sundays by appt., EMAIL ANYTIME 24/7
Under640FicoScoreLoans@gmail.com or HomeLoans4U@live.com
http://youtu.be/MrygA2_8fAY
http://www.trulia.com/profile/SherylArndt

If my response was helpful, consider clicking Thank, Link or Best Answer.
... more
0 votes 15 answers Share Flag
1 2 3 4 5 6 7 ...
Search Advice
Search
Corona Zip Codes

Followers

369